Foreigners Can Buy Property in The island of Bali

Foreigners Can Buy Property in The island of Bali

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Foreigners Can Buy Property in Bali
Many non-Indonesian buyers are discovering that it’s possible to invest in real estate in Bali even on a tourist visa. While this may seem unusual, it’s entirely legal under certain conditions.

### How It Works

Technically, foreigners are not allowed to own land directly in bali villa for sale Indonesia. However, through a legal arrangement, foreigners can purchase property under a long-term lease agreement. This gives foreigners the right to occupy the property for a fixed term, usually up to several decades, with renewal options.

For those on a tourist visa, it’s still possible to enter into such agreements. This happens as buying property in Bali doesn’t mandate a long-term visa—you only need valid identification. But, it’s highly recommended that you work with a qualified notary or professional real estate agent to make sure the process is handled correctly.

### Leasehold vs Freehold

Since foreign buyers cannot own freehold property, the primary legal structure for foreigners is a leasehold arrangement. This provides the foreign buyer to lease land for a fixed duration, after which they can choose to renew the lease.

While freehold ownership isn’t available to foreigners, leasing still offers many advantages. Conditions can be negotiated between the investor and the landowner, and in some cases, you might transfer the leasehold rights to family members.

### Legal Assistance

Navigating Indonesian property law can be complex, particularly for foreigners. That’s which is why working with a trusted notary and a lawyer is important. They can guide you through the specific regulations and ensure that the property transaction is fully compliant with Indonesian law.

It’s recommended to hire a qualified property agent who understands Bali’s real estate market and has experience with foreign buyers. This ensures you avoid any pitfalls and secure a good deal on your investment.

### Why Consider Bali Real Estate?

Despite the foreign ownership limitations, buying property villa bali sale in Bali remains highly attractive for international investors. Bali’s booming tourism industry, increasing real estate prices, and tropical lifestyle turn it into an excellent investment.

Many expats view the island as an ideal location for vacation properties or income-generating properties. With the right legal assistance, international buyers can securely purchase property and enjoy the gains of Bali’s growing property market.

In conclusion, although direct freehold ownership is off-limits, many are discovering legal pathways for foreigners to acquire property in Bali using the leasehold system, even with a long-term visa.